Travelsoft Pay partners with Mastercard to power the next generation of secure travel payments | News
Travelsoft Pay today announced a strategic partnership with Mastercard to improve the way payments flow through the global travel ecosystem – providing a secure, scalable and travel-native payment infrastructure designed for the modern B2B travel commerce.
This partnership brings together Mastercard’s trusted network and technology with Travelsoft Group’s 25 years of in-depth travel expertise. Travelsoft’s platforms support hundreds of customers around the world and process €50 billion in travel gross merchandise value (GMV) annually, powering mission-critical booking and operational workflows across the industry.
Travelsoft Pay – the new payments company within the Travelsoft Group – offers a platform designed to automate cash-in and cash-out, reduce operational complexity and give travel companies the transparency and control they need to operate at scale. Through this partnership, the platform will leverage Mastercard’s Wholesale Program (MWP), which has been simplifying B2B payments in the travel ecosystem for more than a decade. MWP makes Virtual Card Number (VCN)-based travel payments easier and more secure, providing travel agents with flexible, secure and instantly generated payments.
“After 25 years of developing technology that connects the global travel ecosystem, we know what our customers need: reliability, transparency and trust,” said Christian Sabbagh, CEO of Travelsoft Group. “By combining Mastercard’s world-class technology with Travelsoft Pay’s API-first platform, we ensure every buyer, supplier and traveler can transact safely, smoothly and with confidence.”
This partnership also brings a new level of efficiency and certainty to supplier payments – ensuring funds are protected, reconciled and delivered seamlessly, while supporting stronger liquidity management for travel companies across multiple countries and currencies.
“Travelsoft Pay was born from the everyday reality of our customers – the travel intermediaries and suppliers who power this sector,” said Mary Cotugno, Managing Director at Travelsoft Pay. “We’re building a cloud-native, modular platform that integrates seamlessly with Travelsoft travel systems, using Mastercard’s technology to automate, scale and modernize the way money moves across borders. It’s a platform designed for travel – flexible, intelligent and built for growth.”
“Together, Mastercard and Travelsoft Pay enable a secure and scalable B2B payments infrastructure that shapes the future of travel and payments. Our partnership eliminates friction by strengthening the entire value chain – from booking to final settlement,” said Chiara Quaia, Senior Vice President, B2B Travel at Mastercard.
